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CEOs: Please Avoid the Influencer Marketing Trap of Influenceratis

The social media influence marketing is extremely popular with brands and marketing agencies. All the studies show that the vast majority of enterprises and organizations plan to increase their marketing budget and use influencers. For professional industry consultants who have, over the years, built their credibility and have become leaders in their sector, this should be great news.

However, ¨influenceratis¨ are causing considerable harm to the profession by selling the illusion. This new type of influencer emerges from sharing platforms and has become the self-proclaimed marketing experts on social networks because they have found THE miracle potion, the shortcut that will lead to success. Entrepreneurs and organizational leaders will now have to be wary of these new gurus; with social media shortcuts simply do not exist.

Today, prosumers (connected consumers) aren’t distracted by intrusive advertisements and get real information before making an actual purchase. Before, a company just had to appear in the media with an attractive ad to get quantifiable results. In 2016, consumers prefer P2P recommendations and word-of-mouth. The trend in sales is connected or social selling.

According to that only aims to increase traffic to our site or our social platforms, or direct sales, or sought to gain notoriety among users, it will then identify the right type of influencer and avoid falling into the trap of the illusion of the majority too easily offer the influenceratis.

Separate the wheat from the chaff

It’s still challenging for brands and organizations to identify the type of influencer that best meet its objectives. The influencer’s reach across social networks must be analyzed. Companies must measure the amplification of the message and validate the relevance of the message in terms of actions and content in the context of the campaign. The company or organization must ensure from the outset that the influencer will convey the vision and brand.

On one side there are the macro influencers, with a broad audience and whose influence is mainly based on their popularity. They will endorse a product or place a product in return for sponsorship. They serve as a platform billboard. This includes celebrities, sports, music, comedy, film, television, and media stars, who often earn millions in this way. And, unless you sign a long-term contract, the relationship will only last the length of the sponsorship. It’s a ¨one-night stand¨ and that’s all.

On the other side, there are micro-influencers, who don’t have such a large pool of readers, but whose readers are much more loyal. These are thought leaders, including experts in their field, who engage in longer-term relationships, based on trust, if they endorse a product or brand. We also find employee ambassadors and satisfied customers who will not hesitate to spontaneously recommend a product or service to their communities.

Why you should be wary of the influenceratis illusion

In between are semi-professional bloggers and stars of platforms like Instagram, YouTube, and Snapchat. Among them emerge the influenceratis, taking advantage of their sudden popularity, to any way possible monetize their work with businesses. They often cause more damage than good.

Among all the mommy bloggers (more than 4 million just in the US), other blogger niches (fashion, home, finances, lifestyles, etc.), and new site stars earning an honorable life by endorsing products or services with honesty and transparency, unfortunately, are the influenceratis.

With them, it’s the illusion of the majority that counts, as suggested Kristina Lerman (University of Southern California), in his study: The Social Network That Illusion Tricks Your Mind. This phenomenon is explained by the fact that the majority of Web and social media users will follow a trend for fear of missing an important event (Fear Of Missing Out). As soon as the influenceratis launch a message on social networks, it’s automatically relayed by their many fans, creating an illusion of the majority. For a short time, it creates a buzz on the networks as it creates real conversions.

The influenceratis are the new charlatans of the Wild West

Like the charlatans plying the roads of the Old West US to sell “miracle” products, the influenceratis often broadcast rumor and illusion. They play on the visibility that brought them many subscribers and take advantage of companies happy to find an easy solution to their problem.

To increase their audience, they do not hesitate buy fans on Instagram or Snapchat and rely on ¨astroturfing¨ to monetize their intrusions. More than 2 out of 3 users still believe the recommendations on social networks. If these recommendations are rigged and invented, if affiliations and sponsorships are disguised then its like lying to all these people. This is the issue. Fortunately, in the US, since the new amendments voted by the FTC last December, these tactics are illegal. In most other G8 countries, the government wants to emulate the US and regulate this sector as soon as possible. Fortunately, because otherwise we will quickly return to the stone age of marketing.

What do you think? Share your opinion, and discuss this article. Do you think the ¨influenceratis¨ offering shortcuts to success provide valid solutions or are they charlatans?

Raymond Morin is an expert on Influencer Marketing. Raymond is a francophone author and speaker who has 20 years experience acting as a senior strategic consultant and coach for organizations, SMBs and independent professionals. Author of the books «Culture Web à la portée des PME» (2001) and «Comment entreprendre le virage 2.0» (2010), he has also contributed to several magazines and bloggers platforms over the years. His upcoming new book in French, entitled «Generation C et l’influence des consommateurs branchés», is prefaced by Neal Schaffer, and will be also published in English and Spanish during the next year.

About Raymond Morin

Raymond Morin is an expert on Influencer Marketing. Raymond is a francophone author and speaker who has 20 years experience acting as a senior strategic consultant and coach for organizations, SMBs and independent professionals. Author of the books «Culture Web à la portée des PME» (2001) and «Comment entreprendre le virage 2.0» (2010), he has also contributed to several magazines and bloggers platforms over the years. His upcoming new book in French, entitled «Generation C et l’influence des consommateurs branchés», is prefaced by Neal Schaffer, and will be also published in English and Spanish during the next year.

Reader Interactions

Comments

I really enjoyed reading this, Raymond. I personally have used Niche and HeadTalker to help with my influencer marketing. Niche is good, but HeadTalker actually let me see how much each influencer would cost before I decided to purchase, and they provide a nice social media tool to help organize my social media blast to help generate the most traffic. Do you have any recommendations for other influencer marketing platforms?

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ABOUT NEAL

Neal Schaffer is a leader in helping educate executives and professionals on social media as well as in implementing successful social media strategies for businesses. CEO of the social media agency PDCA Social, social media educator at Rutgers University and the Irish Management Institute, social media keynote speaker who has spoken at hundreds of events on four continents, and author of three social media books, Neal is a true innovator and influencer in the growing world of social media for business.